My husband passed away Jan 2023. We lived in Maryland at the time but he owned land in Mississippi he was paying taxes on. Now that I have inherited this land, Do I have to report on this?
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1 Replies
PatriciaV
Expert Alumni
Apr 24, 2024 9:50:45 AM
No, you do not report land inherited from your spouse. If you sell the land in the future, you may have a capital gain to report.